Kenya Two-Wheeler Tire Market Report - By Vehicle Type (Scooter & Moped, Motorcycle), By Demand Type (OEMs, Replacement), By Tire Type (Radial, Bias), By Price Category (Budget (Up to USD 11 Per Unit)... ... to USD 11 Per Unit), Economy (USD 12 to 30 Per unit), Premium (Above USD 30 Per Unit)-Market Size & Forecast 2019-2030, Thousand Units, By Sales Channel (Online, Multi-brand Stores, Exclusive Outlets, Direct), By Tire Size (80/100-17, 100/90-17, 2.75 x 17, 3.00 x 17, 3.00 - 18, 90/90 - 17, Others (110/80-17, 90/90-18, 100/80-17,110/70-17,150/60-17, 120/80 - 17 etc.)), and Others Read more
- Tire
- Apr 2024
- 121
- PDF, Excel, PPT
Market Insights & Analysis: Kenya Two-Wheeler Tire Market (2024-30):
The Kenya Two-Wheeler Tire Market is estimated to grow at a CAGR of around 13.06% during the forecast period, i.e., 2024-30. The market growth is driven by the increasing sales of motorcycles & their extensive use as taxis, the inclination towards electric mobility, etc. In Kenya, motorcycles have been widely used as boda bodas, i.e., motorcycle taxis, which play a pivotal role in the public transport sector, facilitating millions of rides daily and contributing significantly to the economy. According to the Kenya National Bureau of Statistics, the number of newly registered motorcycles and three-wheelers went up by 15.4% from 252,601 units in 2020 to 291,553 units in 2021.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2019-22 |
| Base Year: 2023 | |
| Forecast Period: 2024-30 | |
| CAGR (2024-2030) | 13.06% |
| Region Covered | East, West, North, South |
| Key Companies Profiled | Bridgestone Corporation, Michelin, Continental AG, Yokohama TWS (Mitas), Pirelli Tyre S.p.A, Dunlop Tyres, MRF, Shinko Tyres, CEAT, and Others. |
| Unit Denominations | USD Million/Billion |
Also, with the surge in motorcycle sales and their extensive use as taxis, there's a corresponding increase in the demand for replacement tires due to the considerable wear & tear these vehicles experience. Additionally, Kenya is witnessing a shift towards electric motorcycles, seen as a means to offer financial benefits to owners and riders while addressing environmental concerns. Startups like Kiri Evs and Fika Mobility are facilitating this transition by introducing innovative financing models that alleviate upfront costs and range anxiety with battery swap services.
Moreover, strategic efforts are being made to boost the adoption of electric motorcycles across the nation driven by incentives to accelerate this shift. This movement towards electric motorcycles is expected to further increase the demand for replacement two-wheeler tires in the coming years as the country embraces more sustainable modes of transportation.
- Market Segmentation
- Introduction
- Product Definition
- Research Process
- Assumptions
- Executive Summary
- Kenya Two-Wheeler Tire Import-Export Analysis, 2019-2024
- Kenya Two-Wheeler Tire Market Supply Chain Analysis
- Kenya Two-Wheeler Tire Market Trends & Developments
- Kenya Two-Wheeler Tire Market Dynamics
- Drivers
- Challenges
- Kenya Two-Wheeler Tire Market Hotspot & Opportunities
- Kenya Two-Wheeler Tire Market Regulations and Policy
- Kenya Two-Wheeler Tire Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Units Sold (Thousands)
- Market Size & Analysis
- By Vehicle Type
- Scooter & Moped- Market Size & Forecast 2019-2030, Thousand Units
- Motorcycle- Market Size & Forecast 2019-2030, Thousand Units
- By Demand Type
- OEMs- Market Size & Forecast 2019-2030, Thousand Units
- Replacement- Market Size & Forecast 2019-2030, Thousand Units
- By Tire Type
- Radial- Market Size & Forecast 2019-2030, Thousand Units
- Bias- Market Size & Forecast 2019-2030, Thousand Units
- By Price Category
- Budget (Up to USD 11 Per Unit)- Market Size & Forecast 2019-2030, Thousand Units
- Economy (USD 12 to 30 Per unit)- Market Size & Forecast 2019-2030, Thousand Units
- Premium (Above USD 30 Per Unit)-Market Size & Forecast 2019-2030, Thousand Units
- By Sales Channel
- Online- Market Size & Forecast 2019-2030, Thousand Units
- Multi-brand Stores - Market Size & Forecast 2019-2030, Thousand Units
- Exclusive Outlets - Market Size & Forecast 2019-2030, Thousand Units
- Direct - Market Size & Forecast 2019-2030, Thousand Units
- By Tire Size
- 80/100-17- Market Size & Forecast 2019-2030, Thousand Units
- 100/90-17- Market Size & Forecast 2019-2030, Thousand Units
- 2.75 x 17 - Market Size & Forecast 2019-2030, Thousand Units
- 3.00 x 17- Market Size & Forecast 2019-2030, Thousand Units
- 3.00 - 18- Market Size & Forecast 2019-2030, Thousand Units
- 90/90 - 17- Market Size & Forecast 2019-2030, Thousand Units
- Others (110/80-17, 90/90-18, 100/80-17,110/70-17,150/60-17, 120/80 - 17 etc.) - Market Size & Forecast 2019-2030, Thousand Units
- By Region
- East
- West
- South
- North
- By Company
- Competition Characteristics
- Market Share & Analysis
- By Vehicle Type
- Market Size & Analysis
- Kenya Scooter & Moped Tire Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Units Sold (Thousands)
- Market Share & Analysis
- By Vehicle Type
- ICE
- Up to 100cc- Market Size & Forecast 2019-2030, Thousand Units
- 101cc to 125cc- Market Size & Forecast 2019-2030, Thousand Units
- 126cc to 150cc- Market Size & Forecast 2019-2030, Thousand Units
- Above 150cc- Market Size & Forecast 2019-2030, Thousand Units
- Electric- Market Size & Forecast 2019-2030, Thousand Units
- ICE
- By Demand Type- Market Size & Forecast 2019-2030, Thousand Units
- By Tire Type- Market Size & Forecast 2019-2030, Thousand Units
- By Price Category- Market Size & Forecast 2019-2030, Thousand Units
- By Sales Channel- Market Size & Forecast 2019-2030, Thousand Units
- By Tire Size- Market Size & Forecast 2019-2030, Thousand Units
- By Vehicle Type
- Market Size & Analysis
- Kenya Motorcycle Tire Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Units Sold (Thousands)
- Market Share & Analysis
- By Vehicle Type
- ICE
- Up to 100cc- Market Size & Forecast 2019-2030, Thousand Units
- 101cc to 125cc- Market Size & Forecast 2019-2030, Thousand Units
- 126cc to 150cc- Market Size & Forecast 2019-2030, Thousand Units
- Above 150cc- Market Size & Forecast 2019-2030, Thousand Units
- Electric- Market Size & Forecast 2019-2030, Thousand Units
- ICE
- By Demand Type- Market Size & Forecast 2019-2030, Thousand Units
- By Tire Type- Market Size & Forecast 2019-2030, Thousand Units
- By Price Category- Market Size & Forecast 2019-2030, Thousand Units
- By Sales Channel- Market Size & Forecast 2019-2030, Thousand Units
- By Tire Size- Market Size & Forecast 2019-2030, Thousand Units
- By Vehicle Type
- Market Size & Analysis
- Kenya Two-Wheeler Tire Industry Key Strategic Imperatives for Growth & Success
- Competition Outlook
- Company Profiles
- Bridgestone Corporation
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Michelin
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Continental AG
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Yokohama TWS (Mitas)
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Pirelli Tyre S.p.A
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Dunlop Tyres
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- MRF
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Shinko Tyres
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- CEAT
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Others
- Bridgestone Corporation
- Company Profiles
- Disclaimer
MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:
1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.
2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.
3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.
4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making
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